Lamington at a glance
2,229
People
$566,500
Median sale
$692/wk
Median rent
6.35%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
5
Bedrooms
3
Bathrooms
4
Car spaces
1,012 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lamington (last 5 years) with land size have a median of $660/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
Lamington at a glance
2,229
People
$566,500
Median sale
$692/wk
Median rent
6.35%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,012 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $692/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,012 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lamington at a glance
2,229
People
$566,500
Median sale
$692/wk
Median rent
6.35%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elite Choice Real EstateSeize this exceptional investment opportunity with two separate homes on one title, offering a combined rental income of $1,100 per week and the potential for a 11% return. With only one set of council and water rates to manage, this is an investor's dream for maximizing returns while minimizing expenses. Or move into one house and have an instant investment property next door to help pay the mortgage?
Home 1 (11a) is a free standing renovated 3x2 home featuring an open plan kitchen, dining, and living area, reverse cycle A/C, Gas Cooking, BIRs, Ceiling Fans, Ensuite bathroom has a toilet, Basin & Shower, Main Bathroom has double sink vanity, shower over the bath & Toilet, Internal Laundry, Large shed with rear lane access, cute decked patio and veranda, established gardens with Fake Turf to the front and real grass to the back yard, Large shed with 2 roller doors, Water Tank, Gas HWS, Mains Gas Connected. Leased until 28/01/2025 @ $620.00pw..
Home 2 (11) is a free standing cozy 2x1 renovated home with gas cooking, reverse cycle A/C, wood fire, BIRs, Bathroom with shower over the bath, vanity & toilet, external Laundry, 2nd Outdoor Toilet, a patio area, established gardens with Fake Turf to the front and back yards, Large shed with 2 roller doors, Water Tank, Garden Shed, Gas HWS, Bottled Gas Leased until 16/11/2024 @ $480.00 pw.
Each within their own boundary fence lines on the 1 title, these 2 homes are perfect for the savvy investor to lease separately, dual families looking to love close by each other or a new homeowner looking to instantly become an investor! With staggered lease timelines, you'll never have to worry about a vacant period again-accurate timing of leases means you'll always have income coming in. This dual-property package is a rare find, offering reliable returns and peace of mind. Don't miss out!.
Water rates: Approximately $290 per annum
Council rates: $3,818.49 per annum
To arrange a viewing or for more information contact Carla Viskovich on 0467 635 483 or carla@elitechoicerealestate.com.au
Listing description written by Carla Viskovich, Elite Choice Real Estate — reproduced as published, not verified by Districts.